IHH Says Fortis Acquisition Delays Caused Losses Amid Daiichi Sankyo Dispute With Debtors

KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”

Budget 2027 Should Shift AI Focus Beyond Data Centres, Says MBSB IB

KUALA LUMPUR, Sept 11 (Bernama) -- Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity and workforce productivity.

Malaysia Targets 90 Pct ICAO Effective Implementation Score By 2028

KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia is targeting an International Civil Aviation Organisation (ICAO) Effective Implementation (EI) score of at least 90 per cent by December 2028 under the Malaysia Aviation Safety Plan 2026-2028 launched today.

Malaysia Expects Nine GW Of Gas-fired Power Capacity By 2032 To Meet Rising Demand

PETALING JAYA, Sept 8 (Bernama) -- Malaysia expects about nine gigawatts (GW) of gas-fired power capacity to be deployed by 2032 as the country manages growing electricity demand while progressively phasing out coal-fired generation.

Bumiputera Companies’ GDP Contribution Target To Be Reviewed -- Akmal Nasrullah

KUALA LUMPUR, Sept 7 (Bernama) -- The target to increase the contribution of Bumiputera micro, small and medium enterprises (MSMEs) from 15 per cent to potentially double by 2035 will be reviewed in greater detail at the end of this year or early next year, said Economy Minister Akmal Nasrullah Mohd Nasir.

Strong Momentum To Drive Malaysia’s Economy To 5 Pct Growth In 2026 - Akmal Nasrullah

KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia's economy is expected to grow by around 5 per cent in 2026, supported by strong momentum in the country's current economic growth, said Economy Minister Akmal Nasrullah Mohd Nasir.

Malaysia Needs Managed Energy Transition That Recognises Current Realities And Long-term Ambitions - Minister

KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia needs a managed energy transition that recognises both its current realities and long-term ambitions, Minister of Economy  Akmal Nasrullah Mohd Nasir said today. 

Close Coordination Crucial To Minimise El Nino Impact On Manufacturers -- FMM

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 1 (Bernama) -- Close coordination between the governments, authorities and manufacturers will be crucial to minimise disruptions to industrial operations should Malaysia face a severe and prolonged El Nino, according to the Federation of Malaysian Manufacturers (FMM).

LSH Infra-Pertama Makmur JV Awarded Bandar Malaysia-Seri Kembangan Elevated Highway Project

By Nurul Hanis Izmir

PUTRAJAYA, Aug 28 (Bernama) -- LSH Infra Sdn Bhd and Pertama Makmur Sdn Bhd Joint Venture has been awarded the proposed development of the Bandar Malaysia-Seri Kembangan Elevated Highway (BSE), a strategic infrastructure project aimed at strengthening connectivity and easing traffic congestion in Greater Kuala Lumpur.